Incorporating Sustainability and Maintenance for Performance Assessment of Offshore Oil and Gas Platforms: A Perspective

Ezutah Udoncy Olugu, Kuan Yew Wong, Jonathan Yong Chung Ee and Yslam D. Mammedov
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Ezutah Udoncy Olugu: Department of Mechanical and Petroleum Engineering, Faculty of Engineering, Technology & Built Environment, UCSI University, Kuala Lumpur 56000, Malaysia
Kuan Yew Wong: School of Mechanical Engineering, Universiti Teknologi Malaysia, Skudai 81310, Malaysia
Jonathan Yong Chung Ee: Department of Mechanical and Petroleum Engineering, Faculty of Engineering, Technology & Built Environment, UCSI University, Kuala Lumpur 56000, Malaysia
Yslam D. Mammedov: Department of Mechanical and Petroleum Engineering, Faculty of Engineering, Technology & Built Environment, UCSI University, Kuala Lumpur 56000, Malaysia

Sustainability, 2022, vol. 14, issue 2, 1-19

Abstract: The existence of external two-fold pressure regarding competitiveness and sustainable development in a capital-intensive industry supports the need for sustainable performance. However, endeavors to create a sustainable framework to measure the performance of the oil and gas (O&G) industry are mostly devoted to the production and supply chain of petrochemical products and rarely focus on a maintenance perspective. Motivated by such scarcity, the goal of this research was to discuss and articulate the performance assessment framework by integrating concepts of maintenance and sustainability in the O&G industry. This study proposed the use of a range of performance measures for assessing sustainability on offshore production and drilling platforms. The conceptual framework consists of four aspects of sustainability categorized into technical, environmental, social, and economic dimensions. Each measure was assigned according to its relevance at the strategic, tactical, and functional levels of maintenance decision making. The conceptual framework resulted in hierarchical clusters of twelve strategic indicators. These indicators consist of conventional measures as well as new ones relating to the safety and reliability on offshore platforms. The potential contribution of the present study is found in its intention to empower a better understanding of sustainable maintenance and encourage those making decisions about practical implementation within the O&G industry. This paper culminates with directions for future studies.

Keywords: conceptual framework; oil and gas industry; performance measures; sustainable development; sustainable maintenance (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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